HMPL Wins Maharashtra Road Project with Lowest Bid
ROADS & HIGHWAYS

HMPL Wins Maharashtra Road Project with Lowest Bid

Hindustan Construction Company and Megha Engineering & Infrastructures Ltd (HMPL) has emerged as the lowest bidder for a significant road project in Maharashtra. The project, valued at ?1,400 crore, focuses on upgrading critical road infrastructure in the state. The bid submitted by HMPL was recognized as the most competitive among several contenders, giving the company a strategic edge in securing the contract.

The project involves the development of approximately 70 kilometres of road, which is crucial for improving connectivity and easing traffic flow in Maharashtra. This road segment is expected to facilitate better movement of goods and people, contributing to economic growth in the region. The scope of the work includes widening of existing roads, construction of new lanes, and ensuring the latest safety measures are in place.

HMPL?s successful bid reaffirms its position as a major player in the infrastructure sector, particularly in road development. With Maharashtra being a key state in India?s economic landscape, this project is likely to boost the company's portfolio while enhancing the state?s road infrastructure.

The project is a part of Maharashtra?s broader plan to upgrade its roadways and promote smoother transportation channels. It also ties into the state government?s initiatives aimed at enhancing infrastructure to support urban development and reduce congestion in growing regions.

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

Hindustan Construction Company and Megha Engineering & Infrastructures Ltd (HMPL) has emerged as the lowest bidder for a significant road project in Maharashtra. The project, valued at ?1,400 crore, focuses on upgrading critical road infrastructure in the state. The bid submitted by HMPL was recognized as the most competitive among several contenders, giving the company a strategic edge in securing the contract. The project involves the development of approximately 70 kilometres of road, which is crucial for improving connectivity and easing traffic flow in Maharashtra. This road segment is expected to facilitate better movement of goods and people, contributing to economic growth in the region. The scope of the work includes widening of existing roads, construction of new lanes, and ensuring the latest safety measures are in place. HMPL?s successful bid reaffirms its position as a major player in the infrastructure sector, particularly in road development. With Maharashtra being a key state in India?s economic landscape, this project is likely to boost the company's portfolio while enhancing the state?s road infrastructure. The project is a part of Maharashtra?s broader plan to upgrade its roadways and promote smoother transportation channels. It also ties into the state government?s initiatives aimed at enhancing infrastructure to support urban development and reduce congestion in growing regions.

Next Story
Infrastructure Urban

VECV, Jio-bp Pulse Partner for EV Charging Access

VE Commercial Vehicles (VECV)—a joint venture between the Volvo Group and Eicher Motors—has signed a memorandum of understanding (MoU) with Jio-bp Pulse to enhance access to electric vehicle (EV) charging infrastructure for its commercial vehicle customers.Under this partnership, all Eicher Trucks and Buses EV customers will gain streamlined access to over 6,000 Jio-bp charging points, which constitute India’s largest DC fast-charging network. These charging stations are strategically located across urban centres, highways, and dedicated EV hubs, offering compatibility with all commercia..

Next Story
Infrastructure Urban

Man Industries Wins Rs 17 Billion Export Order

Shares of Man Industries (India) Ltd surged 9.5 per cent on 3 September following the announcement of a significant Rs 17 billion export order for coated pipes. The order is scheduled for execution over the next six to 12 months, lifting the company’s outstanding order book to approximately Rs 47 billion.The company stated that the new contract underscores a robust business outlook and continued customer trust.In the first quarter of the financial year, net profit increased by 45.2 per cent to Rs 276 million, up from Rs 190 million in the corresponding period last year. While revenue from op..

Next Story
Infrastructure Urban

Krystal Wins Rs 3.6 Billion Welfare Services Contract

Krystal Integrated Services Ltd (KISL) has secured a Rs 3.6 billion contract from the Commissionerate of Social Welfare, Pune, marking a major development in the company’s portfolio of public sector facility management services.The contract spans five years and includes mechanised housekeeping and outsourced manpower services for a vast network of social welfare institutions across Maharashtra. These include hostels, residential schools, welfare homes, training institutes, and administrative offices.In a statement, KISL underlined the critical impact of the agreement, noting that it will dir..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?